Marketbeat: Poland warehouse market - Q1 2014 [REPORT]

11 march 2014

Marketbeat: Poland warehouse market - Q1 2014 [REPORT]

Contents

The Polish modern warehouse market in the first quarter of 2014 still reported positive results. Total modern warehouse stock exceeded 8,100,000 sq m.

Modern warehouse take-up in the first quarter of 2014 stood at over 470,000 sq m which is 100,000 sq m more than witnessed in the same quarter in 2013. New lease agreements accounted for 58% of total take-up, lease renegotiations made up 34%, and lease expansions around 8%. As in previous years, take-up predominantly came from logistics operators as well as companies from the automotive, electronic and food sector.

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